Iowa
Sale typeTax lien certificate
Rate / penalty24% flat, no bid-down (rotational)
Redemption period1 year 9 months
Iowa fixes its tax lien interest rate by statute at 24% annually, with no bid-down auction — the rate doesn't change regardless of demand for the certificate. Owners have roughly one year and nine months to redeem before the certificate holder can move toward a deed.
Not sure how Iowa's system compares to a state you already know? Read Tax Lien vs. Tax Deed: What's the Difference? for the full breakdown.
This page is general information, not financial or legal advice. Rates and redemption periods are set by state statute and can change by county or legislative session — always confirm against the county's own auction notice before bidding.